Announcement of Financial Results for the Third Quarter of the Fiscal Year Ending March 2026

Performance Overview

Taiyo Life Insurance Company's annualized premiums for the third quarter of the fiscal year ending March 2026 (April 1, 2025 to December 31, 2025) were 556,379 hundred million yen, representing 98.1% Year-over-Year. Individual insurance increased to 319,822 hundred million yen (102.6% Year-over-Year), while individual annuity insurance decreased to 236,556 hundred million yen (92.7% Year-over-Year). Ordinary income was 968,273 hundred million yen, ordinary profit was 67,504 hundred million yen, and quarterly net income was 40,095 hundred million yen. Total assets grew to 6.85237 trillion yen, showing an increase compared to the same period last year, and total net assets also showed an upward trend at 461.134 billion yen.

Asset Management and Contract Status

The asset management performance details the composition including market valuation of securities, loans, and real estate. Total policy amounts held were 7,657.2 billion yen for individual insurance (94.3% Year-over-Year) and 2,076.6 billion yen for individual annuity insurance (91.1% Year-over-Year), indicating an overall downward trend. New contract amounts decreased Year-over-Year, but medical and living benefit guarantees remained steady. The lapse and surrender rates rose slightly to 7.40% for individual insurance and 0.96% for individual annuity insurance compared to the previous year. Dividend payments were decided at 57,842 hundred million yen, equivalent to 23,137 yen per share.